News

Beam Global CEO to Present Check in Support of UVI Scholarships

April 13, 2010

The University of the Virgin Islands will receive a gift
from Cruzan VIRIL Ltd. at a check presentation at 10 a.m. on
Thursday, April 15th, at the Cruzan Rum distillery on St.
Croix.

A $40,000 check will be presented to UVI President David
Hall by Matt Shattock, President and chief Executive Officer of
Beam Global Spirits and Wine, a subsidiary of Fortune Brands and
parent company of Cruzan Rum. Cruzan VIRIL will be represented by
President/CEO Gary Nelthropp and Chief Financial Officer Marvin
Pickering.

"Cruzan Rum has been an invaluable supporter of academic
scholarships at the University of the Virgin Islands for a number
of years," Dr. Hall said. "Mr. Nelthropp and the Cruzan Rum family
are treasured University partners, whose commitment to education in
the U.S. Virgin Islands is legendary."

Marvin Pickering, senior vice president and chief
financial officer for Cruzan VIRIL Ltd., and a proud graduate of
UVI's Class of 1985, said:

"I received a very solid education from the University of
the Virgin Islands, then College of the Virgin Islands. I consider
my educational experience second to none. We are very proud to have
UVI graduates employed at our company and their performance speaks
well to the education they received at UVI. I am proud that we are
making this investment in education in our community."

"Cruzan's commitment to the University of the Virgin
Islands is a testament to Cruzan's deep roots in the Territory, and
all of us at Beam Global are incredibly proud of the difference
Cruzan makes in the community year after year," said Matt Shattock,
president and chief executive officer of Beam Global Spirits &
Wine.

Since 1987, Cruzan VIRIL Ltd. has made annual
contributions, now totaling $615,000 with this year's contribution,
in support of University of the Virgin Islands scholarships and the
Foundation for the University of the Virgin Islands' (FUVI) Golf
Classic. In 2000, Cruzan VIRIL Ltd. established an endowed UVI
scholarship in recognition of the late Knud Oliver Parris, who was
the longest tenured employee of Cruzan VIRIL Ltd. when he died in
1997. Mr. Parris had been employed at the distillery for more than
45 years.